Firms seek to differentiate their product
A) to avoid state and federal regulation.
B) to create an illusion of value.
C) to strengthen their demand and to make it more inelastic.
D) to strengthen their demand and to make it more elastic.
C
Economics
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Figure 10.5 Federal Outlays, Receipts, and Surplus/Deficit, as a Percent of GDP, 1980-2011
What will be an ideal response?
Economics
Kara is a construction worker. Because of adverse weather during the winter, she has been laid off from her job. She is available for work and has even sought work with other construction companies. Kara is
a. experiencing frictional unemployment b. experiencing seasonal unemployment c. experiencing structural unemployment d. experiencing cyclical unemployment e. not in the labor force at this time
Economics